Oil and Gas

Upcoming/New CFIUS Filing: IMF Investors and Buckeye Partners

Status: Upcoming/New Filing Acquirer: IMF Investors (Australia) Acquired: Buckeye Partners, L.P. (US) Value: US$6.5 billion Industry: Oil & Gas… Continue Reading

Upcoming/New CFIUS Filing: HNA Innovation Finance Group Co. Ltd. (China) and US Assets from Glencore plc

By Trade Practitioner on December 29, 2017 Posted in CFIUS Case Summaries, China, Logistics, Oil and Gas, Switzerland, Upcoming/New Filing, US

Status: Upcoming/New Filing Acquirer: HNA Innovation Finance Group Co., Ltd. (China) Acquired: US assets from Glencore plc Value: Approx. US$196 million Industry: Oil and Gas; Logistics… Continue Reading

CFIUS Clearance: Husky Oil Operations/Husky Superior Refining Holding Corp. and Calumet Superior, LLC

By Trade Practitioner on November 15, 2017 Posted in CFIUS Case Summaries, Foreign Investment Reviews, Oil and Gas, Upcoming/New Filing, US

Status: Clearance Acquirer: Husky Oil Operations Limited (Canada); Husky Superior Refining Holding Corp. (US) Acquired: Calumet Superior, LLC (US) Value: Approx. US$435 million Industry: Oil and Gas… Continue Reading

CFIUS Filing Withdrawn; Abandoned & Restructured: IDG Energy Investment Group and Assets from Stonegate Production Company

By Trade Practitioner on August 20, 2017 Posted in Abandoned & Restructured, CFIUS Case Summaries, Foreign Investment Reviews, Oil and Gas, US, Withdrawn

Status: Withdrawn; Abandoned & Restructured Acquirer: IDG Energy Investment Group Limited (Bermuda; Hong Kong SAR, China) Acquired: Assets from Stonegate Production Company, LLC (US) Value: Approximately US$278 million Industry: Oil & Gas… Continue Reading

CFIUS Clearance: John Wood Group PLC and Amec Foster Wheeler PLC

By Trade Practitioner on June 22, 2017 Posted in CFIUS Case Summaries, Engineering, Europe & Central Asia, Foreign Investment Reviews, Oil and Gas, United Kingdom, Upcoming/New Filing

Status: Clearance Acquirer: John Wood Group PLC (Scotland) Acquired: Amec Foster Wheeler PLC (England) Value: Approximately £2.225 billion (US$2.884 billion) Industry: Engineering; Oil and Gas… Continue Reading

CFIUS Clearance: Technip S.A. and FMC Technologies

By Trade Practitioner on October 28, 2016 Posted in CFIUS Case Summaries, Clearance, Foreign Investment Reviews, Oil and Gas

Status: Clearance Acquirer: Technip S.A. (France) Acquired: FMC Technologies, Inc. (US) Value: US$13 Billion Industry: Oil and Gas On October 7, 2016, FMC Technologies, Inc., a Delaware Corporation, and Technip S.A., a French société anonyme, received approval from CFIUS that there are no unresolved national security concerns with respect to their proposed mergers. … Continue Reading